Financial Reporting Analyst (Hedge Funds)

About company

ThoughtFocus helps forward-looking companies and organizations in the financial services, manufacturing, higher ed, public sector and emerging sectors innovate and achieve a better future faster. ThoughtFocus innovative and cutting-edge technology solutions enable its customers to deploy new capabilities faster, deliver better user experiences, and drive operating efficiencies. We do this through executional excellence and mitigating the risk of change. With headquarters in the U.S., the Company has more than 3,000 employees in locations spread across five countries. For more information, please visit the company website www.Thoughtfocus.Com

Position Title : Hedge Fund Accounting Qualified CA

Location : Bengalore

Shift : US Shift

Employment Type : Full-time & WFO

Role Overview

This role involves performing fund accounting functions for hedge funds, including financial reporting, NAV calculations, investor distributions, and cash reconciliations. Key responsibilities include preparing capital calls, processing payments, reconciling cash, and positions, and ensuring accuracy through control checks. Candidates should have fund accounting experience, strong analytical skills, and proficiency with financial software like GENEVA / WSO.

Roles and Responsibilities :

• Perform Fund accounting function of the Hedge Funds that include recording preparing Monthly & Quarterly Financials, processing payments, preparing investor notices and various client reporting.
• Obtaining monthly NAV statements for various Hedge funds and calculating unrealized gain loss for Investment fund.
• Performing pre-distribution analysis on sale of an investment to arrive at proceeds to be distributed to investors.
• Prepare Capital calls memos, distribution notices & wires of various Hedge fund.
• Updating and creating SOPs for different deliverables in the process for easy reference and also created control checks for accuracy of the deliverables
• Setting up and reviewing the wires to show movement of cash.
• Analyse payment against accruals like Management fee, audit fee, legal fee etc and record proper entries.
• Record Contribution & distribution as per the Capital call and distribution based on the notices.
• Reconciliation of Cash & Position on Hedge Funds.

Qualifications

Working Conditions